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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nomura Real Estate Master Fund's enterprise value is $7,392.5 Mil.
Nomura Real Estate Master Fund's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $335.4 Mil. Therefore, Nomura Real Estate Master Fund's EV-to-EBITDA for today is 22.04.
The historical rank and industry rank for Nomura Real Estate Master Fund's EV-to-EBITDA or its related term are showing as below:
NMMRF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.73 Med: 26.27 Max: 32
Current: 23.44
During the past 11 years, the highest EV-to-EBITDA of Nomura Real Estate Master Fund was 32.00. The lowest was 18.73. And the median was 26.27.
NMMRF's EV-to-EBITDA is ranked worse than 80.53% of 683
companies
in the REITs industry
Industry Median: 15.38
vs NMMRF: 23.44
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Nomura Real Estate Master Fund (OTCPK:NMMRF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Nomura Real Estate Master Fund's PE Ratio (TTM) for today is calculated as:
Nomura Real Estate Master Fund's share price for today is $1008.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nomura Real Estate Master Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was $42.033.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Retail subindustry, Nomura Real Estate Master Fund's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nomura Real Estate Master Fund EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Master Fund's EV-to-EBITDA falls into.
Nomura Real Estate Master Fund's current Enterprise Value is $7,392.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nomura Real Estate Master Fund's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $335.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nomura Real Estate Master Fund (NMMRF) has a EV-to-EBITDA of 22.04 as of Jul. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nomura Real Estate Master Fund. This is 16% below median its historical median of 26.27. Over the past decade, Nomura Real Estate Master Fund's EV-to-EBITDA has ranged from 18.73 to 32.00. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #550 out of 683 companies in the REITs industry, placing it in the top 80.5%.
Is Nomura Real Estate Master Fund's EV-to-EBITDA too high?
Nomura Real Estate Master Fund's current EV-to-EBITDA of 22.04 is 16% below median its 10-year median of 26.27. Over the past 10 years, this metric has ranged from a low of 18.73 to a high of 32.00. The REITs industry median EV-to-EBITDA is 15.38. Nomura Real Estate Master Fund's value of 22.04 is 43.3% above this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #550 out of 683 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nomura Real Estate Master Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's EV-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #550 out of 683 companies for EV-to-EBITDA. This places Nomura Real Estate Master Fund in the lower half of its industry. The industry median EV-to-EBITDA is 15.38. Nomura Real Estate Master Fund's value of 22.04 is 43.3% above this benchmark. Historically, Nomura Real Estate Master Fund's own EV-to-EBITDA has ranged from 18.73 to 32.00 over the past decade. While the company's 10-year median is 26.27 vs. the industry median of 15.38, Nomura Real Estate Master Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.38, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomura Real Estate Master Fund's current EV-to-EBITDA of 22.04 is 43.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nomura Real Estate Master Fund. For the REITs industry, the median EV-to-EBITDA is 15.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current EV-to-EBITDA is 22.04, which is 16% below median its own 10-year median of 26.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Master Fund stock overvalued right now?
Nomura Real Estate Master Fund (NMMRF) has a current EV-to-EBITDA of 22.04. The stock's GF Value™ is $1,060.61, compared to a current price of $1,008.35 — trading 4.9% below its estimated fair value. The current EV-to-EBITDA is 22.04, which is 16% below median its 10-year median of 26.27 and 43.3% above the REITs industry median of 15.38. Nomura Real Estate Master Fund's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current EV-to-EBITDA is 22.04 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nomura Real Estate Master Fund (NMMRF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued.
The current stock price of $1,008.35 is trading 4.9% below its estimated GF Value™ of $1,060.61.
Key valuation signals for NMMRF:
EV-to-EBITDA: 22.04 (16% below median its 10-year median of 26.27)
GF Value™: $1,060.61 vs. price of $1,008.35 (4.9% below fair value)
Industry Position: 43.3% above the REITs median (#550 of 683)
No single metric tells the full story. See the NMMRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Real Estate Master Fund Business Description
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
57GF Score
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